Why secretary is still the top job for women

NEW YORK (CNNMoney) The same as it was in the 1950s: secretary. About 4 million workers in the United States fell under the category of "secretaries and administrative assistants" between 2006 and 2010, and 96% of them were women, according to...

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FHA to hike premiums on mortgages

The Federal Housing Administration is raising premiums and taking other measures in order to bolster its capital reserves and reduce its exposure to risky loans. NEW YORK (CNNMoney) The Federal Housing Administration, which is the largest insurer...

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Wal-Mart: The $200 billion grocer

In 2012, groceries accounted for 55%, or roughly $244 billion, of Wal-Mart's net sales. NEW YORK (CNNMoney) So what gives? The answer lies in groceries. Ten years ago, groceries made up a little more than 20% of Wal-Mart's (WMT, Fortune 500)net...

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Time Inc. cuts 6% of staff

NEW YORK (CNNMoney) In a memo to employees, CEO Laura Lang said the cuts would hit "all areas" of the company, including both domestic and international staff. "With the significant and ongoing changes in our industry, we must continue to transform...

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Federal Reserve blames stalled economy on weather

NEW YORK (CNNMoney) "Growth in economic activity paused in recent months, in large part because of weather-related disruptions and other transitory factors," the Federal Reserve's policymaking committee said in a statement Wednesday. The report...

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Facebook sales rise 40% as mobile ads expand

NEW YORK (CNNMoney) Shares of Facebook (FB) plunged as much as 10% in after-hours trading, but recovered to a more modest 4% drop. The number of monthly active users on Facebook's mobile site and apps grew 57% over the year to 680 million. Still,...

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Energy prices on the rise again

Rising oil and gasoline prices haven't cut into economic growth yet, and analysts aren't expecting them to this year. NEW YORK (CNNMoney) Over the last month, crude oil prices have risen over 4% and are approaching $100 a barrel. Analysts think...

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Get ready to file your taxes

Tax season officially kicks off on Wednesday. NEW YORK (CNNMoney) Wednesday marks the beginning of tax season, when most Americans can submit their returns to Uncle Sam. The IRS had originally planned to kick things off on Jan. 22, but the fiscal...

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Long-term investing: Keep it simple

A low-cost road to long-term investing: Index funds. NEW YORK (Money Magazine) I believe that investors are generally better off when they keep things simple. So for that reason alone, I'd go with index funds. You can make a very nice diversified...

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Where Americans are moving to - and from

Germany was the top destination for Americans moving abroad in 2012, followed by the United Kingdom. NEW YORK (CNNMoney) United Van Lines moved 573 people to Germany last year, 29% more than to the United Kingdom, the second most popular destination,...

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Embattled Chesapeake CEO McClendon to step down

Aubrey McClendon, outgoing CEO of Chesapeake Energy, is part-owner of the Oklahoma City Thunder basketball team. NEW YORK (CNNMoney) The Oklahoma-based firm faced scrutiny last year after Reuters reported that McClendon had taken out more than...

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Facebook earnings: Spotlight on mobile

Investors are watching Facebook for further signs of mobile sales growth. NEW YORK (CNNMoney) Facebook's mobile problem became a focus in the days before its May IPO. The company acknowledged that a growing number of users were accessing the site...

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Ex-Jefferies trader charged with defrauding TARP

The Treasury Department established several investment funds in 2009 with the goal of reviving the market for mortgage bonds in the aftermath of the financial crisis. NEW YORK (CNNMoney) Jesse Litvak, 38, is accused of inflating the cost of mortgage...

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Stocks: Looking for cue to extend gains

U.S. stocks finished mostly flat Monday. NEW YORK (CNNMoney) U.S. stock futures were indicated little changed. Earnings remain in the spotlight, with results due before the opening bell from firms including Ford (F, Fortune 500), Pfizer (PFE,...

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Automatic spending cuts more likely now

Republican Paul Ryan, the House budget chairman, and Democrat Patty Murray, who leads the Senate budget panel, have both said that automatic spending cuts set for March 1 may occur. NEW YORK (CNNMoney) The sequester, as it's called, aims to reduce...

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Marissa Mayer calls Yahoo turnaround a 'multi-year march'

Yahoo eked out fourth-quarter sales growth, but CEO Marissa Mayer has a long way to go to restore the company's luster. NEW YORK (CNNMoney) Shares jumped 4% in after-hours trading Monday, but later cut those gains to about 1%. Yahoo reported earnings...

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Auto insurers charge (some) safe drivers higher rates

When setting rates, insurers often put more weight on income-related factors, like education or occupation, than factors like driving history, according to a consumer watchdog report. NEW YORK (CNNMoney) In a case study of five major insurers in...

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Ex-Jefferies trader charged with defrauding TARP

The Treasury Department established several investment funds in 2009 with the goal of reviving the market for mortgage bonds in the aftermath of the financial crisis. NEW YORK (CNNMoney) Jesse Litvak, 38, is accused of inflating the cost of mortgage...

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Yahoo earnings: Mayer still has much to prove

NEW YORK (CNNMoney) Since then, Yahoo's stock has been on a tear and analysts are pinning their hopes for a Big Purple Turnaround squarely on Mayer. Mayer has laid out her plans to usher in a new era at Yahoo (YHOO, Fortune 500), and she's generated...

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Using a credit card? Watch out for the 'checkout fee'

Stores in most states could start charging you a fee on Sunday when you buy something with credit cards, as a result of a Visa and Mastercard settlement last summer. NEW YORK (CNNMoney) The new fees stem from a multi-billion dollar settlement announced...

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Housing to drive economic growth (finally!)

Economists expect the housing market to be the primary driver of growth this year. NEW YORK (CNNMoney) Just over half of economists surveyed by CNNMoney identified a housing recovery as the primary driver of economic growth this year. The rest...

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Yahoo earnings: Mayer still has much to prove

NEW YORK (CNNMoney) Since then, Yahoo's stock has been on a tear and analysts are pinning their hopes for a Big Purple Turnaround squarely on Mayer. Mayer has laid out her plans to usher in a new era at Yahoo (YHOO, Fortune 500), and she's generated...

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Using a credit card? Watch out for the 'checkout fee'

Stores in most states could start charging you a fee on Sunday when you buy something with credit cards, as a result of a Visa and Mastercard settlement last summer. NEW YORK (CNNMoney) The new fees stem from a multi-billion dollar settlement announced...

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Housing to drive economic growth (finally!)

Economists expect the housing market to be the primary driver of growth this year. NEW YORK (CNNMoney) Just over half of economists surveyed by CNNMoney identified a housing recovery as the primary driver of economic growth this year. The rest...

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Boeing keeps building Dreamliners it can't fly

Boeing hasn't slowed production of its 787 Dreamliner despite the federal probe that has grounded the jet. NEW YORK (CNNMoney) A federal probe into electrical fires has grounded all 50 Boeing 787 Dreamliners around the world. But Boeing has little...

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RIM to advertise BlackBerry 10 during Super Bowl

NEW YORK (CNNMoney) It's RIM's (RIMM) first-ever Super Bowl commercial, and while the company didn't say how much it spent, Super Bowl broadcaster CBS (CBS, Fortune 500) previously told CNNMoney that 30-second spots are going for a record high of...

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China's growth to hit 8% in 2013

Davos, Switzerland (CNNMoney) "I think China's growth rate will be about 8% this year," Yi Gang said during a debate at the World Economic Forum in Davos, Switzerland. He said consumer price inflation could reach 3% or slightly higher. The world's...

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Boeing keeps building Dreamliners it can't fly

Boeing hasn't slowed production of its 787 Dreamliner despite the federal probe that has grounded the jet. NEW YORK (CNNMoney) A federal probe into electrical fires has grounded all 50 Boeing 787 Dreamliners around the world. But Boeing has little...

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RIM to advertise BlackBerry 10 during Super Bowl

NEW YORK (CNNMoney) It's RIM's (RIMM) first-ever Super Bowl commercial, and while the company didn't say how much it spent, Super Bowl broadcaster CBS (CBS, Fortune 500) previously told CNNMoney that 30-second spots are going for a record high of...

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